BANC OF AMERICA FUNDING CORP
8-K, 2000-06-06
ASSET-BACKED SECURITIES
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington D. C. 20549

                                    Form 8-K

                Current Report Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934


         Date of Report (Date of earliest event reported):  May 22, 2000

                       BANC OF AMERICA FUNDING CORPORATION
             Mortgage-Pass Through Certificates, Series 2000-1 Trust


New York (governing law of          333-62301      Pending
Pooling and Servicing Agreement)    (Commission    IRS EIN
(State or other                     File Number)
jurisdiction


        c/o Norwest Bank Minnesota, N.A.
        11000 Broken Land Parkway                            21044
        Columbia, MD                                        (Zip Code)
        (Address of principal executive offices)


         Registrant's telephone number, including area code:  (410)884 -2000


          Former name or former address, if changed since last report)


ITEM 5.  Other Events

On May 22, 2000 a distribution was made to holders of BANC OF AMERICA
FUNDING CORPORATION, Mortgage-Pass Through Certificates, Series 2000-1
Trust.



  ITEM 7.  Financial Statements and Exhibits

        (c)  Exhibits furnished in accordance with Item 601(a) of
  Regulation S-K

             Exhibit Number                      Description
                                 Monthly report distributed to holders of
             EX-99.1             Mortgage-Pass Through Certificates,
                                 Series 2000-1 Trust, relating to the May
                                  22, 2000 distribution.






Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                        BANC OF AMERICA FUNDING CORPORATION
            Mortgage-Pass Through Certificates, Series 2000-1 Trust

              By:   Norwest Bank Minnesota, N.A. as Trustee
              By:   /s/ Sherri Sharps, Vice President
              By:   Sherri Sharps, Vice President
              Date: 6/2/2000


                                INDEX TO EXHIBITS

Exhibit Number                   Description

EX-99.1        Monthly report distributed to holders of Mortgage-Pass Through
               Certificates, Series 2000-1 Trust, relating to the
               May 22, 2000 distribution.






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